NEFFX Alternatives & Similar Mutual Funds

American Funds The New Economy Fund® Class F-2 (NEFFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NEFFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NEFFX

NEFFX charges 0.52% annually. There are 33 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	NEFFX vs GMGEX
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	NEFFX vs GWOAX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	NEFFX vs SSGLX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	95.30B	Feb 2019	NEFFX vs VTWAX
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	NEFFX vs UCEQX

Best Risk-Adjusted Alternatives to NEFFX

NEFFX has a PortfoliosLab risk / return rank of 76. There are 33 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAGX	LSV Global Value Fund	94	—	Jun 2014	NEFFX vs LVAGX
EPSYX	MainStay Epoch Global Equity Yield Fund	93	—	Dec 2005	NEFFX vs EPSYX
FMIEX	Wasatch Global Value Fund Investor Class Shares	92	—	Sep 1996	NEFFX vs FMIEX
JGYIX	John Hancock Global Shareholder Yield Fund	92	—	Feb 2007	NEFFX vs JGYIX
LVAFX	LSV Global Managed Volatility Fund	92	—	Jun 2014	NEFFX vs LVAFX

Top Performing NEFFX Alternatives (YTD)

NEFFX is at 17.17% YTD. There are 19 mutual funds in the Global Equities category with higher YTD returns, going as high as 29.92%.

Symbol	Name	YTD Return	AUM	Inception
PGTIX	T. Rowe Price Global Technology Fund I Class	29.92%	—	Nov 2016	NEFFX vs PGTIX
OBEGX	Oberweis Global Opportunities Fund	23.47%	—	Jan 1987	NEFFX vs OBEGX
LVAGX	LSV Global Value Fund	22.92%	—	Jun 2014	NEFFX vs LVAGX
AGLOX	Ariel Global Fund	21.83%	—	Dec 2011	NEFFX vs AGLOX
YFSNX	AMG Yacktman Global Fund Class N	20.51%	—	—	NEFFX vs YFSNX

Lowest Volatility Alternatives to NEFFX

NEFFX has 19.57% 1-year volatility. There are 221 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.99%.

Symbol	Name	Volatility 1Y	AUM	Inception
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.99%	2.00B	Dec 2013	NEFFX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	7.00%	2.00B	Dec 2013	NEFFX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.20%	—	Jul 2006	NEFFX vs SVTAX
MFWIX	MFS Global Total Return Fund Class I	7.53%	—	Sep 1990	NEFFX vs MFWIX
SGMAX	SEI Institutional Investments Trust Global Managed...	7.57%	—	Jan 2016	NEFFX vs SGMAX

Lowest Drawdown Alternatives to NEFFX

NEFFX has a 1-year max drawdown of -13.32%. There are 203 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	NEFFX vs RTXAX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	NEFFX vs LVAFX
SGMAX	SEI Institutional Investments Trust Global Managed...	-5.88%	—	Jan 2016	NEFFX vs SGMAX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	-5.99%	—	Jul 2006	NEFFX vs SVTAX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	-5.99%	—	Aug 2017	NEFFX vs CSUAX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	77	8.59%	—	Jul 1975	NEFFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	37	9.29%	—	Jan 1934	NEFFX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	40	7.78%	—	Jul 1952	NEFFX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	21	7.34%	—	Dec 1973	NEFFX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	34	8.85%	—	May 2009	NEFFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	56	12.68%	—	Aug 1978	NEFFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	22	5.34%	—	Mar 1973	NEFFX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	21	7.27%	—	Dec 1973	NEFFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	60	6.96%	—	Dec 1973	NEFFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	19	5.51%	—	Jan 1967	NEFFX vs AMCPX

Often Compared With NEFFX

Investors most often compare NEFFX with VTI, DODEX, GQRIX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	67	11.37%	2.30T	May 2001	NEFFX vs VTI
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	90	21.33%	—	May 2021	NEFFX vs DODEX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	Global Equities	15	6.95%	—	Mar 2019	NEFFX vs GQRIX
GQFPX	GQG Partners Global Quality Dividend Income Fund	Global Equities	46	9.04%	—	Jun 2021	NEFFX vs GQFPX
FGIAX	Nuveen Global Infrastructure Fund Class A	Global Equities	72	14.21%	—	Dec 2007	NEFFX vs FGIAX
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	41	8.13%	—	—	NEFFX vs GLIFX
LAMYX	Lord Abbett Dividend Growth Fund	Large Cap Blend Equities	58	8.16%	—	Dec 2001	NEFFX vs LAMYX
VGT	Vanguard Information Technology ETF	Technology Equities	60	24.57%	170.10B	Mar 2004	NEFFX vs VGT
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities	33	4.88%	—	Dec 2013	NEFFX vs MVGIX
FID	First Trust S&P International Dividend Aristocrats...	Foreign Large Cap Equities, Dividend	65	9.14%	159.94M	Aug 2013	NEFFX vs FID
ARTHX	Artisan Global Equity Fund	Global Equities	34	7.95%	—	Mar 2010	NEFFX vs ARTHX
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	57	1.24%	6.35B	Feb 2013	NEFFX vs FPE
GQRPX	GQG Partners Global Quality Equity Fund	Global Equities	14	6.80%	—	Mar 2019	NEFFX vs GQRPX
VXUS	Vanguard Total International Stock ETF	Global Equities	59	12.84%	652.30B	Jan 2011	NEFFX vs VXUS
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.92%	97.69B	May 2020	NEFFX vs SGOV
VGPMX	Vanguard Global Capital Cycles Fund	Global Equities	91	13.80%	3.90B	May 1984	NEFFX vs VGPMX
CAEIX	Calvert Global Energy Solutions Fund	Global Equities	56	12.45%	—	May 2007	NEFFX vs CAEIX
VHT	Vanguard Health Care ETF	Health & Biotech Equities	50	4.47%	19.00B	Jan 2004	NEFFX vs VHT
VYM	Vanguard High Dividend Yield ETF	Dividend	82	12.96%	96.10B	Nov 2006	NEFFX vs VYM
NEFRX	Loomis Sayles Core Plus Bond Fund	Intermediate Core-Plus Bond	16	-0.39%	—	Nov 1973	NEFFX vs NEFRX

Compare NEFFX with Any Fund or Stock

Compare NEFFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NEFFX with funds that move differently

American Funds The New Economy Fund® Class F-2 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NEFFX.

Explore NEFFX Diversifiers

American Funds The New Economy Fund® Class F-2 (NEFFX) Alternatives